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December 29, 2012
TAX DEBATE PRINCETON UNIVERSITY JUNE 24, 1997 STEVE FORBES: I would like to thank Dick for putting on this forum tonight and I would also like to thank all of you for coming out on a very nice weekday evening to hear a lot of hot air from the people on this panel. It reminds […]
December 28, 2012
The lawsuit by Hedge Funds against Porsche for manipulating Volkswagen shares was dismissed in NY State Court, while the Feds is still going and in Germany they charged directors of Porsche with insider trading. The charts do not support any such manipulation – just sour grapes (see PDF Volkswagen-Porsche). The real manipulations of our future continues […]
December 27, 2012
We will be publishing the numbers for year-end. Those who would like to see the gold chart and the resistance for year-end closing may do so at: Gold for Year-end 2012
December 27, 2012
The Fibonacci Resistance from the 1970 low stands at 17633 for the close of 2012. The tip of the channel constructed from the 1970-1999 lows with a parallel off the 1980 high rests at 11100 for 2013. That is the worst case scenario for support. System closing support for 2012 lies at 1570. A […]
December 27, 2012
When we look at REAL GDP growth on a city by city basis, the top five are all in China – Hefei, Baotou, Changchun, Anshan, and Dalian. It may surprise you, but the top two cities in the bottom five around the world at Miami and Las Vegas followed by Athens, Abu Dhabi, and Dubai. It […]
December 27, 2012
According to the National Bureau of Economic Research in Massachusetts who conducted a Web-based survey of over 17 000 published scientists in 16 countries, the result showed that where are the smartest people moving to? They call this the Brain Trade. 1) Switzerland 2) Canada 3) Australia
December 26, 2012
President Barack Obama is due back in Washington early Thursday for a so called final effort to negotiate a deal with Congress to postpone the “fiscal cliff” of tax increases and government spending cuts set to begin next week. No specific bill dealing with this fiscal cliff was on the schedule in either the U.S. […]
December 22, 2012
We look like we are still here – or at least I am and back in the USA. In the Maya report I provided the the real story. To the Maya, this was a BEGINNING, not an end. There is a high correlation to political changes with the Maya Baktuns – 394.26 years. This may […]
December 22, 2012
There has been a long-term trend in major inflations and deflations. The numbers are 23 and 26 years. There is sufficient data that has survived even from the Temple of Apollo on the Island of Delos which was essentially the ancient world’s central bank. Just as we know there was a major default of some […]